Ortho4Vets: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Ortho4Vets
Largest movements
- Cash -€61,126
down €61,126 (-62.7%), from €97,467 to €36,340
mainly Contributions, distributions and other (-€110,000) and Investment in fixed assets (net) (-€42,513)
- Receivables within one year +€22,507
up €22,507 (+25.4%), from €88,628 to €111,135
of which Other amounts receivable: +€14,176
- Tangible fixed assets -€20,694
down €20,694 (-17.5%), from €118,128 to €97,434
of which Plant, machinery and equipment: -€17,908
- Stocks and contracts +€13,171
up €13,171 (+7.0%), from €189,470 to €202,641
- Short-term financial debts -€34,600
down €34,600 (-40.9%), from €84,600 to €50,000
- Other debts -€20,039
down €20,039 (-15.4%), from €130,327 to €110,288
- Trade debts +€16,249
up €16,249 (+14.6%), from €111,117 to €127,366
- Debts after one year -€13,947
down €13,947 (-27.5%), from €50,633 to €36,686
- Accrued charges and deferred income -€13,822
down €13,822 (-100%), from €13,822 to €0
- Gross operating margin +€16,974
up €16,974 (+8.2%), from €207,951 to €224,925
- Financial income -€8,067
down €8,067 (-98.9%), from €8,153 to €86
- Depreciation -€7,834
down €7,834 (-11.0%), from €71,115 to €63,280
- Financial charges +€6,305
up €6,305 (+93.3%), from €6,757 to €13,062
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,957 | €448,280 | -€46,677 | -9.4% |
| Fixed assets | 21/28 | €118,200 | €97,434 | -€20,767 | -17.6% |
| Intangible fixed assets | 21 | €73 | €0 | -€73 | -100% |
| Tangible fixed assets | 22/27 | €118,128 | €97,434 | -€20,694 | -17.5% |
| Plant, machinery and equipment | 23 | €113,689 | €95,781 | -€17,908 | -15.8% |
| Furniture and vehicles | 24 | €4,439 | €1,653 | -€2,786 | -62.8% |
| Current assets | 29/58 | €376,757 | €350,846 | -€25,911 | -6.9% |
| Stocks and contracts in progress | 3 | €189,470 | €202,641 | +€13,171 | +7.0% |
| Stocks | 30/36 | €189,470 | €202,641 | +€13,171 | +7.0% |
| Amounts receivable within one year | 40/41 | €88,628 | €111,135 | +€22,507 | +25.4% |
| Trade receivables | 40 | €77,875 | €86,206 | +€8,331 | +10.7% |
| Other amounts receivable | 41 | €10,752 | €24,929 | +€14,176 | +132% |
| Cash at bank and in hand | 54/58 | €97,467 | €36,340 | -€61,126 | -62.7% |
| Deferred charges and accrued income | 490/1 | €1,193 | €730 | -€462 | -38.8% |
| Total equity and liabilities | 10/49 | €494,957 | €448,280 | -€46,677 | -9.4% |
| Equity | 10/15 | €71,062 | €80,754 | +€9,693 | +13.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €56,062 | €65,754 | +€9,693 | +17.3% |
| Distributable reserves | 133 | €56,062 | €65,754 | +€9,693 | +17.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €423,896 | €367,525 | -€56,370 | -13.3% |
| Amounts payable after more than one year | 17 | €50,633 | €36,686 | -€13,947 | -27.5% |
| Financial debts | 170/4 | €50,633 | €36,686 | -€13,947 | -27.5% |
| Amounts payable within one year | 42/48 | €359,441 | €330,840 | -€28,601 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €31,855 | €41,589 | +€9,734 | +30.6% |
| Financial debts | 43 | €84,600 | €50,000 | -€34,600 | -40.9% |
| Credit institutions | 430/8 | €84,600 | €50,000 | -€34,600 | -40.9% |
| Trade debts | 44 | €111,117 | €127,366 | +€16,249 | +14.6% |
| Suppliers | 440/4 | €111,117 | €127,366 | +€16,249 | +14.6% |
| Taxes, remuneration and social security | 45 | €1,542 | €1,598 | +€55 | +3.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €1,542 | €1,598 | +€55 | +3.6% |
| Other amounts payable | 47/48 | €130,327 | €110,288 | -€20,039 | -15.4% |
| Accrued charges and deferred income | 492/3 | €13,822 | €0 | -€13,822 | -100% |
| Remuneration, social security and pensions | 62 | €22,526 | €23,170 | +€644 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,115 | €63,280 | -€7,834 | -11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €177 | €576 | +€399 | +226% |
| Gross operating margin | 9900 | €207,951 | €224,925 | +€16,974 | +8.2% |
| Operating profit (loss) | 9901 | €114,134 | €137,899 | +€23,765 | +20.8% |
| Financial income | 75/76B | €8,153 | €86 | -€8,067 | -98.9% |
| Recurring financial income | 75 | €8,153 | €86 | -€8,067 | -98.9% |
| Financial charges | 65/66B | €6,757 | €13,062 | +€6,305 | +93.3% |
| Recurring financial charges | 65 | €6,757 | €13,062 | +€6,305 | +93.3% |
| Profit (loss) for the period before taxes | 9903 | €115,530 | €124,923 | +€9,393 | +8.1% |
| Income taxes | 67/77 | €4,302 | €5,230 | +€928 | +21.6% |
| Profit (loss) for the period | 9904 | €111,228 | €119,693 | +€8,465 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,228 | €119,693 | +€8,465 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.